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High Cost of Ethics Lapses, Part ?

The Consultants Peer Group

I had written several blogs regarding the high cost of ethic lapses in consulting, in particular in June of last year Consulting Ethics Challenges , which addressed the very public nature of PwC Australia’s ethics problems. The high costs of those ethics problems are now very visible and quite frankly ugly.

Ethics 52
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Consulting Ethics Challenges

The Consultants Peer Group

Where’s the lead sentence of my March 28, 2023 Blog, Consulting Ethics Concern Once Again , “Lack of consulting ethics once again. I went on to describe some recent consulting ethics lapses and proposed fixes. Peter Westlund CMC® showed a path to avoid these ethical traps through professionalism.

Ethics 52
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McKinsey, Opioids, & Ethics

CaseInterview.com

That said, just because something is legal doesn’t mean it is moral, ethical, or advised. I’m sure that slide wasn’t presented to the client. Over the past few years, I think McKinsey has lost its ethical and moral compass as a firm. I do think the vast majority of those who work at McKinsey have strong ethics.

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The High Cost of Ethics Lapses in Consulting

The Consultants Peer Group

In my one of my previous blogs, Consulting Ethics Challenges , June 14, 2023, I wrote about the major problems PwC’s government advisory services was having in Australia. The cost ethics lapses is now clear. For the past 35 years, as a Certified Management Consultant®, I have adhered to IMCUSA's enforceable Code of Ethics.

Ethics 52
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McKinsey, Opioids, & Ethics

CaseInterview.com

That said, just because something is legal doesn’t mean it is moral, ethical, or advised. I’m sure that slide wasn’t presented to the client. Over the past few years, I think McKinsey has lost its ethical and moral compass as a firm. I do think the vast majority of those who work at McKinsey have strong ethics.

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How to Succeed as a Management Consultant

The Consultants Peer Group

Yesterday I was a presenter on a national Zoom ‘webinar’ on the ‘High Cost of Ethics Lapses’ in the management consulting profession. I was presenting on several of the very high profile, high-cost lapses that have hit the media. Through it all, management consulting survived and indeed thrived.

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Five Ways to Raise your Game in Consulting - Part 2

The Consultants Peer Group

As you are likely aware, there are enumerable media articles on ethics lapses in management consulting. USD] because of, among others, ethics and conflicts of interest abuses ; When McKinsey Comes to Town argues that the legendary firm has accrued an inordinate amount of influence chasing profits at the expense of moral principle.

Ethics 98